233 Nedbank’s Eugene Liebenberg Nedbank Connect, Nedbank’s recently launched mobile virtual network operator (MVNO), is taking a slow and steady approach to entering the South African market, but its ambitions are broader,…
Category: Business
Microsoft Defender & Purview rewrite the security rulebook
176 For many years, small and medium-sized businesses (SMBs) have faced an uncomfortable reality: the tools designed to defend against cyberthreats and meet compliance standards were often created with enterprises in mind….
How Shein and Temu have gobbled market share from SA retailers
274‘Their number of South African customers is comparable to that of Sixty60, the e-commerce leader in the FMCG sector.’ The disruption from Chinese e-commerce players Shein and Temu has been profound. And…
South Africa’s first AI factory now live, powered by Altron and Nvidia
221 Altron’s Bongani Andy Mabaso Altron announced today the successful deployment of South Africa’s first operational artificial intelligence factory, powered by Nvidia AI infrastructure, including Nvidia-accelerated computing and Nvidia AI enterprise software….
Spar supercharges Uber Eats partnership
280 Spar omnichannel executive Blake Raubenheimer South Africa’s online grocery market is shifting rapidly, and Spar, which is coming from behind in the on-demand grocery delivery market, is betting big on its…
Apple and Samsung lead smartphone market revival
171 The Samsung Galaxy Fold7 is selling well Global smartphone shipments grew 2.6% in the third quarter this year, fuelled by strong consumer demand for premium and AI-enabled devices, according to preliminary…
Sars bites: MaMkhize’s Lamborghini, paintings, LV and Gucci bags on auction
174Next on the auction block are other vehicles, including a Lamborghini Urus, construction vehicles, a boat and a collection of luxury designer bags. There is a saying, “the long arm of the…
FSCA fines Sanlam Collective Investments R10.6 million for not complying with Fica
148 All companies must adhere to Fica by combatting money laundering and the financing of terrorism through prescribed processes. The FSCA has fined Sanlam Collective Investments R10.6 million for failing to comply…
I do not owe Sars a cent
142 Montana says he will keep fighting Sars although his tax debt escalated to R55 million as the interest mounts. Lucky Montana, former head of Prasa and now a member of parliament,…
Home affairs promises full automation by next year
169 Home affairs deputy minister Njabulo Nzuza The home affairs department has undertaken to ensure that all its services are fully automated and digitised over the next year. According to its 2024/2025…